How to make a bank transfer

A bank transfer is a direct money transfer from one bank account to another. In other words, it allows you to send money from your bank account to someone else's via their account details. Bank transfers can be either local (between two bank accounts in the UK) or international (between bank accounts in two different countries). Revolut isn't a bank in all countries, but you can still send and receive money transfers with your Revolut account.

Delivery times for bank transfers vary depending on factors like the destination country, the currency, and the service used to process your payment.

Local bank transfers in the UK

One of the most common bank-to-bank transfer methods in the UK is the Bankers' Automated Clearing System (BACS). Transfers sent via this service generally take 3 working days, but they can sometimes take up to 5. If your transfer is under £25,000, it may be sent via the Faster Payments Service (FPS). These transfers can arrive in as little as a few seconds, but they can take up to 2 hours. When you make larger payments in GBP, your transfer may be sent via the Clearing House Automated Payment System (CHAPS). These kinds of transfers arrive the same day. Check out our guide to GBP bank transfers for more information.

International bank transfers

International bank transfers can arrive in as little as minutes, but they can take up to 3 to 5 business days. This depends on the currency and destination. If you're sending a transfer in EUR to a country within the Single Euro Payments Area (SEPA) region, your money could arrive in seconds via SEPA Instant. Not all banks in the SEPA region support this service. If your transfer is sent via the standard SEPA route, it could take 2 days to arrive. Money transfers outside the SEPA region are often sent via SWIFT. These generally take between 3 and 5 working days to arrive.

Card transfers

You can also send money to a bank account via a card transfer. All you need is the recipient's card details. Transfers to cards typically take a few seconds to arrive, but they can take up to 30 minutes.

Revolut-to-Revolut transfers

Transfers to other Revolut accounts are instant — they usually arrive in less than 20 seconds. If you're sending to a non-Revolut account, external banks may occasionally experience delays that we can't foresee. Learn more about transfer methods in our Help Centre.

When you send money via bank transfer, there are two types of costs you should keep an eye out for: currency exchange fees and transfer fees. These may or may not apply, depending on the country you're sending to, the currency, and when you're making your transfer. You'll see all costs in-app before you send.

Currency exchange rates and fees

If you're sending money to a bank account outside the UK, the recipient will most likely use a currency different from your own. This means your transfer will probably involve a currency conversion. Before you send an international bank transfer, check our exchange rate in-app. You may also pay a currency exchange fee, depending on your plan, the amount you're sending, and the time of your transfer. If your amount is within your plan’s limit, you won't pay any additional currency exchange fees on weekdays.

Transfer fees

Depending on the transfer method you choose, you may also pay a small transfer fee.

• Bank transfers

You won't pay any bank transfer fees when you send money to another bank account in the UK or in the SEPA region. If you're sending to another country outside the SEPA region, you'll see a small transfer fee calculated in real-time before you send. You'll get discounts on these fees with our Premium, Metal, and Ultra plans. External banks may charge non-Revolut bank transfer fees that we can't foresee.

• Card transfers

You'll pay a small card transfer fee when you send money to someone's bank account via their card details. The amount will depend on how much money you're transferring and where you're sending from.

• Revolut-to-Revolut transfers

You won't pay any transfer fees when you send money online to other Revolut accounts.

The details you need for bank transfers may vary depending on the destination country and currency. For local transfers within the UK, you'll generally need the recipient's full name, bank account number, and sort code. For international transfers, you may need their BIC/SWIFT code and IBAN too. We might ask you for additional information like their city and phone number.

We send money transfers as quickly as possible, but sometimes they can take a little extra time to arrive in your recipient's account. In these cases, you'll see your transfer pending a while longer than expected. Delays might happen for several different reasons, like incorrect information. Always double-check your recipient's account details before sending. No matter what, we'll keep you updated on the status of your transfer in-app. Visit our Help Centre to learn more about pending transfers, and feel free to contact Customer Support if you need extra help. We're here for you.

With Revolut, you can easily send bank transfers, both within the UK and internationally. Here's how:

1. Download our Android or iOS app for free, then sign up.
2. Add money to your Revolut account via card, bank account, or any of the top-up options we offer.
3. Go to Transfer, then choose your destination country and currency.
4. Enter your recipient's details. You'll usually need their full name, bank account number, and sort code for local transfers within the UK. For international transfers, you may need their BIC/SWIFT code and IBAN. Some payment methods and destination countries may require additional information.
5. Fill in the transfer amount, tap Send, and you're all set!

Yes, you can send money from your Revolut account to any bank in the UK — Lloyds, Barclays, NatWest, HSBC, you name it. You can also make international transfers to bank accounts outside the UK just as easily in-app.